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Graphics Card Prices Doubled on Average Between 2020 and 2023: Mindfactory Data

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Tuesday, February 21, 2023 10:47 AM (permalink)
https://www.techpowerup.com/305018/graphics-card-prices-doubled-on-average-between-2020-and-2023-mindfactory-data
 
Mindfactory.de is hardly the largest tech retailer out there, but it's renowned for putting out its sales figures in public that provide sharp market insights. The latest of these concerns graphics card average selling price (ASP). The store notes that graphics card ASPs have doubled in a span of just 3 years, which marks an unnatural deviation from inflation, and cannot adequately be explained by rising chip costs due to Moore's Law either buckling or losing relevance. While Intel is a firm believer in Moore's Law, and to a smaller extent so is AMD (which disaggregated its CPUs and GPUs to continue shipping cutting-edge products at lower costs); NVIDIA considers Moore's Law dead, and thinks it needs to keep bigger and bigger GPUs to offer generational performance uplifts.

The store notes that as on February 2020, the AMD Radeon graphics card ASP stood at 295.25€, with the store having made 442,870€ in sales. For NVIDIA GeForce graphics cards, the ASP figure stood at 426.59€, and total sales at 855,305€. As of Feb 2020, AMD lacked high-end products (this was before the RDNA2 comeback), and so the NVIDIA ASP is higher. Fast forward to February 2023, and we see a doubling in the ASPs. For AMD Radeon graphics cards, this stands at 600.03€, with €1.02 million in sales; and for NVIDIA GeForce, the ASP is at 825.20€, with €1.84 million in sales.
 
Well, no surprises here. Interesting to see the sales volume figures even if it is for one retailer. 

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    Hoggle
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    Re: Graphics Card Prices Doubled on Average Between 2020 and 2023: Mindfactory Data Tuesday, February 21, 2023 9:58 PM (permalink)
    I am wondering if NVIDIA is giving AMD and Intel a chance to gain market share by pricing a lot of gamers out of being able to afford graphics cards for this generation since even a 4070Ti is $799. The market needs to focus more on the $300-599 range since that is what a lot of gamers can afford and it's an area that NVIDIA has right now as a weakness. 

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    Re: Graphics Card Prices Doubled on Average Between 2020 and 2023: Mindfactory Data Tuesday, February 21, 2023 10:14 PM (permalink)
    1) Corporate profits
    2) supply & demand
    3) Pandemic & all the kayoss that came with it ---> like shipping costs & import duties

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    Re: Graphics Card Prices Doubled on Average Between 2020 and 2023: Mindfactory Data Thursday, February 23, 2023 5:56 AM (permalink)
    Hoggle
    I am wondering if NVIDIA is giving AMD and Intel a chance to gain market share by pricing a lot of gamers out of being able to afford graphics cards for this generation since even a 4070Ti is $799. The market needs to focus more on the $300-599 range since that is what a lot of gamers can afford and it's an area that NVIDIA has right now as a weakness. 



    They saw gamers paying $1K+ for GPUS in the years prior so they said why the heck not.

    I think GPUs were constantly selling to miners, scalpers and some gamers kept the sales coming even if most gamers weren't happy with costs.
     
    Since then lots has changed.

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    Hoggle
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    Re: Graphics Card Prices Doubled on Average Between 2020 and 2023: Mindfactory Data Thursday, February 23, 2023 9:54 AM (permalink)
    GTXJackBauer
    Hoggle
    I am wondering if NVIDIA is giving AMD and Intel a chance to gain market share by pricing a lot of gamers out of being able to afford graphics cards for this generation since even a 4070Ti is $799. The market needs to focus more on the $300-599 range since that is what a lot of gamers can afford and it's an area that NVIDIA has right now as a weakness. 



    They saw gamers paying $1K+ for GPUS in the years prior so they said why the heck not.

    I think GPUs were constantly selling to miners, scalpers and some gamers kept the sales coming even if most gamers weren't happy with costs.
     
    Since then lots has changed.




    I agree that a lot has changed and I think it's worth adding that the PS5 is also now in stock at places.  That is kind of a big change to be able to walk into a store and pick up a console able to game at 4K for $599.
     
    The other thing that really changed is people are going out of the home more than they did during the pandemic and we are no longer being sent checks large enough to buy these graphics cards from the government. 

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